Temporary restriction in short selling
The Financial Conduct Authority (FCA) notifies that it temporarily prohibits short selling in the following instruments under Articles 23 (1) and 26 (4) of Regulation (EU) No 236/2012 of the European Parliament and of the Council of 14 March 2012 on short selling and certain aspects of credit default swaps. This follows a decision made by another EU Competent Authority.
Details of the Financial Instruments concerned:
- Banco Espírito Santo, S.A. (ISIN: PTBES0AM0007) and
- Espírito Santo Financial Group, S.A. (ISIN: LU0011904405).
This measure is effective immediately until 11:59pm on 1 July 2014.
Source: fca
